Prime stand alone retail/office opportunity in the west end of Kingston, with potential for drive-thru. 5,000 sq ft former bank with a combination of existing improvements that include open concept and built out offices, kitchenette, storage and meeting areas. 1 vault on site. Located on prime arterial route across from regional mall, Cataraqui Centre. City of Kingston transit stop directly out front of location (Routes 4&7). Ample parking spaces with potential opportunity to add additional spots at rear and west side of building. Total Asking Rent is $40.00 psf Net, $16.59 Taxes/CAM (2022) = $56.59 psf. Sub-Landlord will consider a net rent and additional rent amount equal to 70% of the gross rent, which equals being $40.00 psf gross rent plus utilities, as well as a free rent period (in addition to the fixturing period) as an inducement to a Sub-Tenant. Property is subject to former zoning bylaw (76-26) and is zoned C7-6. (id:47423)
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Detailed Information
Lot
198 x 177 ft
Amenities Nearby
Public Transit
Communication Type
High Speed Internet
Community Features
High Traffic Area
Features
Southern exposure, Visual exposure
Listing Contract Date
2024-04-09
Location Description
North side of Princess Street just East of Midland Avenue
Maintenance Fee Type
Insurance, Common Area Maintenance, Landscaping, Other, See Remarks, Property Management
Ownership Type
Freehold
# of Parking Spaces
35
Property Type
Retail
Signage
Pylon
Transaction Type
For lease
Zoning Description
C7-6
Building
Basement Type
None
Exterior Finish
Brick
Stories Total
1
Size (Exterior)
5000
Utility Water
Well
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
0.811 acres
Access Type
Road access
Amenities
Public Transit
Sewer
Municipal sewage system
Size of Irregular Land
0.811
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